
Cheap Apartments for Rent in Memphis, TN from $300 with Utilities Included (216 Rentals) Page 3 of 5
Apartments with Utilities Included.
Cheap Apartments in Memphis.


Downtown Memphis Flats

Wilson Townhomes

The Marine Residence

The Birches Apartment Homes

The Commonwealth

Pressbox Lofts

Mississippi Court Apartments

Watkins Manor

Chicago Park Place Apartments
Affordable Memphis: The Best Neighborhoods with Character and Lower Rents
Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.

321 Pauline St

Pleasant View Apartments

Carriage House

Birchleaf Apartments

Addison 1 Apartments

Whitney Manor Apartments

Sterling Townhomes

Coronado Manor

Campus View

230 Cochran St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

The Belle

Cedar Creek Apartments

Thompson Court Apartments

Maureen Manor Apartments

Festival Square Apartments

Cherry Gardens

Medical Center Apartments

Beacon Manor

Edgewood Townhomes

Trezevant Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Camellia - Magnolia Gardens Apartments

April Woods

Timber Pines Apartments

Thompson Heights

Elite Living Residence

Serenity at Highland

River City Heights Townhomes

Winbranch Apartments

Rhodes Townhomes

Scenic Hills Apartments

Appletree North and South

1154 Wilson St

Crane Manor Apartments

Cleaborn Pointe at Heritage Senior Apartments

Manor Park Apartments

Lapaloma Apartments

Grahamwood Flats

Whitehaven Oaks Apartments

Pershing Park Apartments

Idlewild Terrace
Memphis, TN Local Guide

How much does it cost to rent an apartment in Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Memphis Studio Apartments | $1,051 | $547 | $7,985 |
| Memphis 1 Bedroom Apartments | $1,150 | $450 | $2,842 |
| Memphis 2 Bedroom Apartments | $1,265 | $562 | $5,900 |
| Memphis 3 Bedroom Apartments | $1,709 | $600 | $4,085 |
| Memphis 4 Bedroom Apartments | $1,288 | $599 | $2,640 |
Explore Memphis
Frequently Asked Questions about Cheap Memphis Apartments
What is a cheap apartment in Memphis?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Memphis is under $650.
What is the price of a cheap apartment in Memphis?
The cheapest apartment in Memphis is 165 N Merton which is listed at $550, while the average apartment in Memphis costs $1,707.
What types of apartments are the cheapest in Memphis?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4,876 regular apartments in Memphis that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Memphis?
Cheap apartments in Memphis have an average cost of $595 which is $1,112 cheaper than the average rent for all rentals in Memphis.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

The Local Memphis Experts Guide to Renting Near the Citys Top Employers
Written by: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.

Memphis, Tennessee: A Local Experts Insider Guide to the Bluff City
Written by: Joshua Carlucci
Hello from Memphis, Tennessee. I'm Josh, your ApartmentHomeLiving.com Local Expert for Memphis, and I spent years in this city eating, writing, cooking, studying, and getting to know it block by block.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.